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News
Elder care is crushing family finances. These 4 families had to get creative to make it work.
2+ hour, 19+ min ago (570+ words) As long-term care grows more expensive, families are draining savings, providing unpaid care, and working longer to support aging relatives....
Disney will cut medical insurance for employees' spouses who can get coverage through their own jobs
1+ week, 17+ hour ago (422+ words) Disney is joining other big-name companies in curbing employee benefits, a move that comes as healthcare costs rise. Starting next year, the entertainment giant will no longer offer medical insurance plans to US employees' spouses if their spouses have jobs…...
Here's the optimal setup for your investment portfolio as retirement nears
1+ week, 3+ day ago (637+ words) The 4% rule for retirees is easy enough to understand in theory: withdraw that much of your portfolio per year, and your money should last you through retirement. (Well, now it's more like the 4.7% rule, but you can read more about…...
The cost of long-term care keeps going up, and it's a growing problem for Americans of all ages
1+ week, 6+ day ago (1246+ words) Some days, Tamara Johnson wonders how her life changed so rapidly. Johnson, 58, made six figures in an executive leadership position, and when her mother was diagnosed with Parkinson's disease and dementia in 2017, she moved from New Orleans to Virginia, where…...
A social worker says his sober-living rentals return up to 75% on his cash. Here's how the strategy works.
2+ week, 2+ day ago (757+ words) As a social worker, Scott Steenbergh never seemed to be able to clock out. "The hours were always tough," the Michigan-based investor and father of two told Business Insider. "It seemed like, no matter what, I was always required to…...
My mother-in-law's care costs about $11,000 a month. At 66 and 72, we can't retire because we need to help her out.
3+ week, 2+ day ago (736+ words) This as-told-to essay is based on a conversation with Kim Berling, 66, who lives in Albuquerque. Berling and her husband, 72, are caring for his 99-year-old mom, and both work to support her. This interview has been edited for length and clarity....
Bank of America spends more than $250 million on GLP-1s
3+ week, 2+ day ago (224+ words) Weight-loss drugs are costing Bank of America more than a quarter of a million dollars a year. CEO Brian Moynihan said that the more than $250 million is a worthwhile investment in benefits for his more than 210,000 employees. "We see a…...
DoorDash's CEO worried a Taco Bell partnership wouldn't work. Instead, it revealed a truth about food delivery
4+ week, 1+ day ago (450+ words) DoorDash CEO Tony Xu never expected that people would pay as much as they do for food delivery. The delivery service became one of the biggest companies in tech by delivering food, groceries, and other purchases to customers' homes for…...
Mark Cuban says AI can expose where employers are getting 'ripped off' by health insurers
1+ mon, 2+ week ago (368+ words) If you're an employer trying to reduce healthcare costs, Mark Cuban says your first port of call should be an AI chatbot. The billionaire entrepreneur says large language models like ChatGPT, Claude, and Gemini can analyze lengthy healthcare contracts and…...
The best cell phone plans for one person in 2026
1+ year, 2+ day ago (1519+ words) Plainly, people seeking a single-line phone plan should avoid major carriers like Verizon, AT&T, and T-Mobile and opt for mobile virtual network operators (MVNOs). From a value standpoint, MVNOs like Mint Mobile, Visible Wireless, and others offer the best…...